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HomeMy WebLinkAboutRES 062513-F - Withdraw Lone Star Rail DistRESOLUTION NO. 0(00 GI 3 °'F A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, AUTHORIZING THE CITY OF GEORGETOWN TO WITHDRAW MEMBERSHIP FROM THE LONE STAR RAIL DISTRICT. WHEREAS, pursuant to Article 6550c-1, Section 2, Revised Civil Statutes, on November 22, 2005, the City of Georgetown elected to become a part of the Austin San Antonio Intermunicipal Commuter Rail District, otherwise known as the Lone Star Rail District; and WHEREAS, the City of Georgetown committed to paying an $annual membership fee of 49,500.00 for administrative expenses to participate as a Lone Star Rail District member; and WHEREAS, the City of Georgetown is the steward of public tax dollars and is responsible for the management of local public infrastructure projects; and WHEREAS, as a result of the current economic climate and commitment to conservative fiscal management, the City of Georgetown wishes to reallocate the disbursement of public funds; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, THAT: SECTION 1. The City Council of the City of Georgetown hereby agrees to withdraw from the membership of and participation in the Lone Star Rail District. RESOLVED this 25 day of June, 2013 ATTEST: a Brettle CSecretary APPROVED AS TO FORM: Bridget ChaA tan Acting City Attorney Resolution Number: ()UPS! .F Description: Withdrawal from the Lone Star Rail District Date Approved: June 25, 2013 THE CITY OF GEORGETOWN: By: Getifge Garver Mayor Page 1 of 1